Qnity Electronics, Inc. (NYSE:Q – Get Free Report) has received an average recommendation of “Buy” from the ten research firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $151.78.
Q has been the subject of several research analyst reports. Royal Bank Of Canada cut their target price on shares of Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating for the company in a research note on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Qnity Electronics in a report on Wednesday, August 5th. Mizuho upped their price objective on shares of Qnity Electronics from $170.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. BMO Capital Markets increased their target price on shares of Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Finally, Zacks Research raised Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th.
Check Out Our Latest Report on Qnity Electronics
Insider Buying and Selling
Institutional Trading of Qnity Electronics
A number of institutional investors and hedge funds have recently modified their holdings of the company. QRG Capital Management Inc. raised its stake in shares of Qnity Electronics by 1,050.9% in the second quarter. QRG Capital Management Inc. now owns 48,349 shares of the premier technology solutions leader’s stock valued at $7,896,000 after purchasing an additional 44,148 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in Qnity Electronics by 10.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 8,231 shares of the premier technology solutions leader’s stock worth $1,344,000 after purchasing an additional 798 shares during the period. Andra AP fonden acquired a new stake in Qnity Electronics during the second quarter worth $2,090,000. Reynders McVeigh Capital Management LLC boosted its stake in Qnity Electronics by 6.8% during the second quarter. Reynders McVeigh Capital Management LLC now owns 4,467 shares of the premier technology solutions leader’s stock worth $729,000 after buying an additional 286 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its holdings in Qnity Electronics by 13.2% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 14,255 shares of the premier technology solutions leader’s stock valued at $2,328,000 after buying an additional 1,660 shares during the period.
Qnity Electronics Stock Up 0.7%
Shares of Q stock opened at $125.78 on Friday. Qnity Electronics has a 12 month low of $70.50 and a 12 month high of $177.28. The firm has a market cap of $26.31 billion and a PE ratio of 44.92. The stock has a 50 day moving average of $127.88 and a 200-day moving average of $136.48. The company has a quick ratio of 1.50, a current ratio of 2.01 and a debt-to-equity ratio of 0.53.
Qnity Electronics (NYSE:Q – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.12. The company had revenue of $1.43 billion during the quarter. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%.Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities analysts predict that Qnity Electronics will post 4.52 EPS for the current year.
Qnity Electronics Company Profile
Qnity Electronics is an electronics materials company focused on technologies used in semiconductor manufacturing and advanced electronics production. The company supplies materials and solutions designed to support processes such as wafer fabrication, lithography, chemical-mechanical planarization, cleaning, packaging and interconnect formation.
Qnity’s product portfolio serves semiconductor manufacturers, chip designers, assembly and packaging providers, and other customers across the electronics supply chain.
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